9502 Fry Rd | Cypress, TX 77433
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9502 Fry Rd
Cypress, TX 77433
Mister Car Wash · Specialty Property For Sale · 5,435 SF
Investment Highlights
- New 15-year absolute NNN ground lease to Mister Car Wash, a leading national brand with over 450 locations
- Mister Car Wash is the largest car wash operator nationwide with 450+ locations across 21 states, ensuring strong brand presence and long-term tenant
- Dense 5-mile population of 229,725 residents (expected to increase by 11%+ by 2029)
- 1.5% annual rent escalations in the initial term and options
- Direct access to more than 40,000 vehicles per day near the signalized hard corner of Fry Road and Tuckerton Road
- 1-mile population has increased by nearly 800% since 2010
Executive Summary
This Mister Car Wash is located near the signalized hard corner of Fry Road and Tuckerton Road, which experiences a high-traffic count of 41,894 vehicles per day. The property is within walking distance of Cypress’s master-planned communities such as Bridgeland, Cypress Lakes, Blackhorse Ranch, Towne Lake, and Miramesa. Prime location minutes from Lone Star College - CyFair Campus, Bridgeland High School, and Cypress Ranch High School, establishing a built-in customer base of more than 20,000 students. The population within a one-mile radius of the site has increased by nearly 800% since the 2010 U.S. Census and by 61% since the 2020 U.S. Census, illustrating the area’s rapid growth. Located in an extremely affluent region with an average annual household income of $221,069 within a one-mile radius (projected to increase by 20% over the next five years). The population count within a five-mile radius of the site is 229,725 (a 14% increase since the 2020 U.S. Census). Cypress is located less than 25 miles northwest of Downtown Houston, the most populous city in Texas with a current metro area population of 6.8 million.
PROPERTY FACTS
Sale Type | Investment | Lot Size | 1.03 AC |
Cap Rate | 5.50% | Building Size | 5,435 SF |
Sale Conditions | 1031 Exchange | No. Stories | 1 |
Property Type | Specialty | Year Built | 2024 |
Property Subtype | Car Wash | Parking Ratio | 3.68/1,000 SF |
Building Class | B |
Sale Type | Investment |
Cap Rate | 5.50% |
Sale Conditions | 1031 Exchange |
Property Type | Specialty |
Property Subtype | Car Wash |
Building Class | B |
Lot Size | 1.03 AC |
Building Size | 5,435 SF |
No. Stories | 1 |
Year Built | 2024 |
Parking Ratio | 3.68/1,000 SF |
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